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Heron Therapeutics (HRTX) R&D spending by quarter

Heron Therapeutics' R&D spending was $2.7M in Q2 2026 (second quarter 2026), +13% from Q1 2026. Over the last 7 quarters it ranged from $2.3M (Q1 2025) to $3.7M (Q4 2025).

Heron Therapeutics R&D spending by quarterHeron Therapeutics R&D spending by quarter$3.2MQ4 2024$2.3MQ1 2025$2.9MQ2 2025$3.5MQ3 2025$3.7MQ4 2025$2.4MQ1 2026$2.7MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$2.7M+13%-8%
Q1 2026$2.4M-36%+5%
Q4 2025$3.7M+8%+18%
Q3 2025$3.5M+18%—
Q2 2025$2.9M+29%—
Q1 2025$2.3M-28%—
Q4 2024$3.2M——

Q2 2026 at a glance

Heron Therapeutics, Q2 2026: revenue $37.7M (+1% year over year), operating margin -5.4%, net loss $5.5M, operating cash flow −$2.2M. The chart follows the revenue to costs, profit and cash.

Questions

What is Heron Therapeutics' R&D spending?

Heron Therapeutics' R&D spending was $2.7M in Q2 2026 (second quarter 2026), +13% from Q1 2026.

How has Heron Therapeutics' R&D spending changed?

Over the last 7 quarters it ranged from $2.3M (Q1 2025) to $3.7M (Q4 2025).

Q2 2026 results → · How Heron Therapeutics makes money →